· The United States agrees that Geely acquires the Silicon Valley flying car Terrafugia

On June 24, the car prophet was informed that Geely's acquisition of the US flight car company Terrafugia officially obtained approval from the relevant US authorities, which means that Geely under the leadership of Li Shufu will formally enter the field of flying vehicles. It is understood that the acquisition of Terrafugia Flying Car Company is one of the three largest Silicon Valley flying car companies in the United States. It was founded in 2006 and is privately held.
Terrafugia founder Carl Dietrich is a businessman who is very keen on the Chinese market and has repeatedly visited China to find investment opportunities.
Carl Dietrich once said to the public opinion: "We really want to know how China's personal aircraft market will develop in the next few years. We hope to find the best partners to help us benefit from this growing market. win."
Talking about the reasons for the development of the flying car, Carl Dietrich believed that the new US aviation regulations in 2004 gave hope for the commercial operation of the flying car, and also evoked his childhood dream of flying.
It is understood that Terrafugia uses the traditional engine plus motor hybrid mode on the power system. In addition, Terrafugia's flying car, also became the first flying car to get the US road permit.
The automobile is in the current era of change. In addition to becoming a strategic future for companies to pursue in energy and mobile travel, flying cars are also the investment direction that many auto companies value.
At present, Tesla CEO Musk has also indicated that a series of research and development will be carried out on the flying car, and other traditional car companies such as Toyota and GM are also in this aspect.
In contrast, the US Silicon Valley flying car company acquired by Li Shufu has been technically leading. At present, Terrafugia flying car products have become the first flying car to obtain the US road permit.
As early as a few years ago, Geely had been publicly reported to invest in the US Silicon Valley flying car, but did not announce which specific company. The acquisition has been approved by the US authorities, and in the near future, Geely's flying vehicles will also be announced.

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